Reply to "Rumor has it....."

GMANDocusultant Elite P4P'er VIP

Ricoh is prepared to lose revenue from Dealer Division, as a result of this change. Yet, they need the $5M cost reduction now and thus, more talented individuals lost their jobs. The revenue is big from IKON, but not the GP. Ricoh Japan took action to reduce costs...on the backs of Dealer Division and it's employees, where the profits has historically been made. When the Dealer revenue declines (along with Profit), this will be one big machine not able to look to IKON for profit. MDS ain't gonna get it done for them.

12/2/109:02 PM

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